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<section article="gtr" article_name="Transportation" number="15-305.1" title_number="15" title_name="Vehicle Laws -- Licensing of Businesses and Occupations" subtitle_number="3" subtitle_name="Dealers">
  <level label="a">
    <text>A wholesale dealer who is licensed by the Administration under this subtitle:</text>
    <level label="1">
      <text>May buy a vehicle from another dealer, at an auto auction, or from a retail seller;</text>
    </level>
    <level label="2">
      <text>May sell a vehicle to or exchange vehicles with another dealer;</text>
    </level>
    <level label="3">
      <text>Except as provided in item (4) of this subsection, may sell a vehicle or exchange vehicles at an auto auction;</text>
    </level>
    <level label="4">
      <text>May not sell a vehicle to or exchange vehicles with a retail buyer; and</text>
    </level>
    <level label="5">
      <text>May not buy, sell, or exchange new vehicles.</text>
    </level>
  </level>
  <level label="b">
    <text>A wholesale dealer shall keep a record of the following:</text>
    <level label="1">
      <text>The year, make, model, and identification number of a vehicle that is bought, sold, or exchanged;</text>
    </level>
    <level label="2">
      <text>The date that a vehicle is bought, sold, or exchanged;</text>
    </level>
    <level label="3">
      <text>The amount for which a vehicle is bought or sold;</text>
    </level>
    <level label="4">
      <text>The name, address, and license number of the other person with whom the wholesale dealer conducts a purchase, sale, or exchange;</text>
    </level>
    <level label="5">
      <text>The odometer mileage statement for a vehicle that is required under the federal Motor Vehicle Information and Cost Act; and</text>
    </level>
    <level label="6">
      <text>Each invoice, bill of sale, and other pertinent document and record in the form required by the Administration.</text>
    </level>
  </level>
</section>
